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Strategy to address risks of cyber fraud to merchants

Cyber crime has been on the increase in recent years. Incidents vary from deliberate and focused attacks to automated and opportunistic gathering of sensitive information.

Any site with a computer network is at some degree of risk of cyber attacks. In most cases the object of such attacks is to obtain confidential information to the dishonest gain of the attacker and often to the disadvantage of the attacked party. Attacks can be carried out by a variety of instigators such as disgruntled employees or ex-employees, professional hackers or malicious software.

Erick van As, Product Development and Strategy Officer for Arch Retail Systems, speaks to IT Web about this topic.